On March 15, 2024, Pacific Trading sold merchandise with a cost of $8,000 for $15,000, FOB destination, with payment terms of 2/10, n/30. Pacific paid shipping costs of $200. Of these, merchandise sold for $4,500 (with a cost of $2,400) was returned on March 19. The company received payment for the balance on March 24, 2024. Calculate the Net sales revenue. A. $10,500 B. $10,290 C. $10,090 D. $10,700

Give a detailed explanation of whether the following statements are true or false. • The buyer of an option has an obligation to purchase the underlying asset in the case of a call, or sell in the case of a put, which the seller of an option has the right to deliver in the case of a call, or take delivery in the case of a put. • Call-put parity implies that currency puts and calls written with exercise prices at the forward rate will have different values because, if the foreign interest rate exceeds the domestic rate, the forward rate is at a discount; therefore, the exchange rate is expected to depreciate, making the put more valuable

Subject:- accounting

Q3:  Kimberly owns and operates a tennis shop in a resort area. The business is seasonal. A large part of the annual revenues are due to sales in June, July, and August. Kimberly keeps the shop open during the remaining months of the year, but the inventory carried during those months is reduced. During the summer months, the amount of inventory on hand is substantially increased. Kimberly has the business insured under the special form businessowners policy (BOP) with no endorsements attached.  Assume you are a risk management consultant. Identify the major loss exposures that Kimberly faces.  Assume that a covered loss occurs in July, which damages part of the inventory. Does the BOP provide any protection for the increase in inventory during the summer months? Explain your answer.  Kimberly plans to hire an additional employee during the summer months when sales are increasing. She is concerned about possible employee theft and dishonesty. Explain to Kimberly how this loss exposure…